Red Sea Gateway Terminal stated that it would like to assist in making Bangladesh’s deep-sea port of Matarbari one of the biggest in the area. The terminal provider shown interest in overseeing Matarbari, a deep-sea port.
On the fringes of the World Economic Forum annual gathering in the Swiss mountain city of Davos, the company’s executive chairman, Aamer A. Alireza, spoke with chief adviser Professor Muhammad Yunus about the problems. The main adviser requested that the business increase its investment in Bangladesh and aid in luring additional foreign direct investment to the nation. In order to transform the Chattogram region into a shipping and export hub for neighboring countries, he stated that Bangladesh would build additional ports along the Bay of Bengal.
The Patenga Terminal is managed by Red Sea Gateway, which has invested close to $200 million to increase the terminal’s capacity and efficiency. According to him, the business just placed an order for $25 million worth of equipment, including cranes for handling containers, from China, and plans to place another $25 million order in the coming weeks. Alireza said his organization is interested in investing in Matarbari and making it one of the region’s key shipping hubs, calling it one of the most significant deep-sea ports. According to him, Chattogram’s port efficiency will attract significant foreign direct investment because many leading firms will want to move their plants there.
